Illinois Public Media

.(JavaScript must be enabled to view this email address)

Illinois Public Media

Penn State To Pay Nearly $60 Million In Abuse Settlement

October 28, 2013

Penn State has reached a $59.7 million settlement with 26 young men who accused former assistant football coach Jerry Sandusky of sexual abuse, the university confirmed Monday.

"We hope this is another step forward in the healing process for those hurt by Mr. Sandusky, and another step forward for Penn State," University President Rodney Erickson said in a statement issued by the university on Monday. "We cannot undo what has been done, but we can and must do everything possible to learn from this and ensure it never happens again at Penn State."

"The Board of Trustees has had as one of its primary objectives to reach settlements in a way that is fair and respects the privacy of the individuals involved," said Keith Masser, the board chairman. "This is another important milestone in accomplishing that goal. I would like to thank the board's Legal and Compliance Committee, as well as its Legal Subcommittee for its leadership throughout this process."